Thursday, 09. February 2012
:: Home > Business > Kika/Leiner continues eastern expansion as new Russian store opens
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20. 11. 09. - 15:00
By Thomas Hochwarter
Austrian furniture chain kika/Leiner has said today (Fri) it was planning further expansion in Russia as it opened a new store opened in the country.
The shop in Samara, which was opened yesterday, is kika/Leiner’s second branch in Russia.
Kika/Leiner – which runs 32 stores in Austria and 17 in Hungary, Croatia, the Czech Republic, Slovakia, Romania and Serbia – praised the city by the Volga River for "perfect settings for being a successful location".
The 9,000-square-metre new shop was part of a shopping centre located at one of the city’s busiest roads.
Company bosses have also revealed plans to open a store in Tel Aviv, Israel, by the end of next year.
Kika/Leiner – which has around 8,000 employees – had a turnover of 1.265 billion Euros in the 2008/09 business year.
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